EconomyLuxor’s reported 6%–13% annualized Bitcoin yield depends on mining delivery
Luxor reported a 6%–13% annualized Bitcoin financing spread in its September review. The potential return comes from miners accepting a discount for upfront funding, paired with a non-deliverable forward hedge. Actual results depend on delivery, settlement, costs and committed capital; a delivery failure could leave hedge payments without matching mining income.
Luxor’s reported 6%–13% annualized Bitcoin yield depends on mining delivery
Economy